8 February 2016 2016 05:09 PM GMT

The State Of Play For Renewables In Central America (Infographic)

The renewable energy market in Central America is moving incredibly fast, with governments helping to create the right conditions for success. Such as auctions in place, incentives and plans for distributed generation.

But are the conditions for success really there and what is putting roadblocks to rapid expansion? How can the region fulfill its massive potential?

This infographic displays a summary of the current state of play for renewables in Central America:

THE STATE OF PLAY FOR RENEWABLES IN CENTRAL AMERICA

Credit: via RECAM Week 

About RECAM Week:

RECAM WEEK is the must attend congress for decision makers doing business in the renewable energy industry from Central America, Colombia and the Caribbean. This premium renewable energy event will give you the answers you are looking for to ensure you secure financing, navigate policy and optimise operations to maximise ROI. RECAM WEEK covers the whole renewable energy spectrum with focused tracks on solar, wind and hydro.

At RECAM WEEK 2016 you will meet the entire clean energy ecosystem, including Developers, Owners, Operators, EPC Contractors, Consultants, Government Stakeholders, Installers and service providers to the industry. The event is highly attended by local as well as international delegates from across the globe.

Over the course of the week you will be given the opportunity to meet all the key players, both local and international, in one place at one time.

RECAM WEEK also gives you the latest insight from industry experts. You’ll benefit from a variety of conference formats, ensuring lively debate and maximum networking, including:

  • Focus Day on the Carribbean
  • New Interactive Formats
  • Knowledge Pill’s
  • International speakers and case studies
  • Focused Tracks on solar, wind, hydro
  • 60% of audience from the REGION
  • Energy storage and safety workshops
  • Over 32 hours of networking
  • Policy guide panel
  • Economic outlook
  • Question time
  • Schedule 1-2-1 meetings in advance

Find out more here.

June 20th 2017
EDF, Canadian Solar Join Forces For One Of The Largest Solar Projects In LATAM

EDF Energies Nouvelles has acquired an 80% interest in the Pirapora II PV project (115 MWp) from Canadian Solar Inc., which is retaining a 20% stake and manufacturing the PV panels locally. It marks the latest step by EDF in Brazil’s renewable energy sector. With this addition, it now has 489 MW under construction, consisting of 183 MW (wind) and 306 MWp (solar). The project is located close to Pirapora I (191 MWp), also jointly owned by both companies. With a total installed capacity of over 300 MWp, the energy generated by both projects will cover the annual electricity consumption of 323,000 Brazilian homes.

May 21st 2017
Russia: Abundance Of Renewables Can Fuel Growth; Quadruple Clean Energy By 2030

Russia can increase the share of renewables in its energy mix from roughly 3 percent today to more than 11 percent by 2030, according to new findings by IRENA. The growth in renewable energy use would represent nearly a fourfold increase in the share of renewables between 2014 and 2030. To implement the study’s recommendations, an annual investment of approximately USD 15 billion per year between 2015 and 2050 is required, but IRENA shows that the benefits can exceed costs when externalities related to human health and climate change are considered. According to current estimates Russia has the largest wind potential in the world.

May 21st 2017
US Wind And Solar Surge: Providing Majority of New Generating Capacity Q1 2017

According to the latest issue of the Federal Energy Regulatory Commission’s (FERC) “Energy Infrastructure Update” (with data through March 31, 2017), wind and solar provided 50.84% of the new electrical generating capacity added to the U.S. grid during the first quarter of 2017. Significantly, renewables power sources are now almost 20% of the total US electrical generating capacity. If current growth rates continue, renewables should top 20% before the end of this year. Generating capacity from renewable sources is now more than double that of nuclear power (9.10%) and rapidly approaching that of coal (24.25%).

June 16th 2017
New BNEF Report Highlights A Massive Shift to Wind And Solar, While Coal Fades

A new independent report from Bloomberg New Energy Finance (BNEF) states that clean energy such as wind and solar will account for almost 75% of investment in power generation worldwide, between now and 2014. New Energy Outlook 2017 estimates that overall $10.2 trillion will be spent on power generation technology in the next 22 years, with $7.4 trillion being spent on renewables. This year’s forecast sees solar energy costs dropping a further 66% by 2040, and onshore wind by 47%, with renewables undercutting the majority of existing fossil power stations by 2030.

June 23rd 2017
Wind Power Can Provide Energy On Coldest Days: Met Office, Imperial College

A new study by climate scientists has advanced the understanding of the potential for wind power to provide energy during the coldest spells of winter weather. The team, which involved scientists from the Met Office Hadley Centre, Imperial College London and the University of Reading, compared wind power availability with electricity demand in winter and they found an interesting result. The team found that during the highest 5% of energy demand days, one-third produce more wind power than the winter average. “The very coldest days are associated with a mix of different weather patterns, some of which produce high winds in parts of the UK.